Daily Newsletter: Wednesday June 3, 2015

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30 Year Fixed

                                                                4.10%
                                                                  
                                                                +0.06

15 Year Fixed

                                                                3.33%
                                                                  
                                                                +0.06

10YR Treasury

                                                                2.36%
                                                                  
                                                                +0.1000

FNMA 30YR 3.5

                                                                103-04
                                                                  
                                                                -0-20

FNMA 15YR 2.5

                                                                103-20
                                                                  
                                                                -0-13

View Today's Rates

Wednesday June 3, 2015

Mortgage Rate Watch - 6:18PM

Mortgage Rates Pummeled. Worst Might Not Be Over

Mortgage rates had an awful day today , and they were among the lucky ones. The true pain emanated from Europe, as has been the case so many times in recent years. In that regard, mortgage ...

MND NewsWire - 2:54PM

CFPB NOT Delaying Implementation of TRID, Just Enforcement

I am here in Denver and had the opportunity this morning to hear MBA President Dave Stevens, under the direction of CFPB Director Richard Cordray, announce an update to the TRID changes ...

MBS Commentary - 1:00PM

MBS MID-DAY: Why are Bond Markets Getting Destroyed Today?!

This morning's commentary said " things get serious ," and that we could well expect to depart the recent range in a big way . Now, we are. 10yr yields are already up to 2.373--a new ...

MND NewsWire - 10:02AM

Holiday Trumps Rates as Mortgage Applications Tumble

The week ended May 29 was another of those holiday shortened weeks when the most relevant comment that can be made about mortgage application numbers is probably 'Never mind!" The Mortgage ...

Latest Video

Santelli: It doesn't get more volatile than this

Fed 'seen enough' for hike later this year: Clarida

Why mortgage apps dipped

More News from 'Around the Web'

www.builderonline.com - 5:05PM
Lennar CEO: The Housing Recovery is on "a Pretty Low Slope"
Bloomberg - 5:04PM
Wall Street Sounds Bond Warning as Holdings Shift Sparks Concern
WSJ - 3:10PM
New-Home Buyers' Wish List: More Bedrooms, Bathrooms, Patios
mba.informz.net - 2:57PM
Stevens' Statement on CFPB Delaying Enforcement of TRID
CNBC - 2:22PM
Bond yields screaming higher
Calculated Risk Blog - 2:18PM
Fed's Beige Book: Economic Activity Expanded, Respondents "generally optimistic"
CNBC - 1:37PM
Traders top thoughts on the rising 10-year yield
Market Watch - 1:36PM
Gundlach: Federal Reserve won't raise interest rates this year
CNBC - 1:36PM
Fed policy helping rich get richer: BlackRock pro
Calculated Risk Blog - 10:20AM
ISM Non-Manufacturing Index decreased to 55.7% in May
Bloomberg - 10:20AM
Pimco Sees Heightened Risk of Flash Crashes, Market Volatility
Bloomberg - 10:17AM
German Yield at 2015 High as Draghi Says Get Used to Volatility
CNBC - 8:57AM
Weekly mortgage applications plunge
Bloomberg - 8:39AM
Trade Gap in U.S. Narrows More Than Forecast as Imports Recede
CNBC - 8:23AM
Service sector boosted jobs picture in May: ADP
WSJ - 1:51AM
San Francisco to Vote on Luxury Housing Moratorium
Calculated Risk Blog - 1:49AM
Wednesday: Trade Deficit, ADP Employment, ISM Non-Mfg Index, Beige Book
Bloomberg - 1:49AM
Bonds Are Tumbling and It's Not Just Because of the Economy

Today's Rates

Best Execution

Rate

Change

30 Yr FRM

4.10%

+0.06

15 Yr FRM

3.33%

+0.06

FHA 30 Year Fixed

3.75%

+0.00

Jumbo 30 Year Fixed

3.92%

+0.07

5/1 Yr ARM

2.97%

-0.03

Current Mortgage Rates »

What are best-execution rates?

Average Mortgage Rates

Rate

Points

Change

FHFA *

15 Yr. Fixed

3.38%

1.18

+0.05

30 Yr. Fixed

3.95%

1.30

+0.04

MBA **

30 Yr. Fixed

4.04%

0.32

+0.04

15 Yr. Fixed

3.26%

0.30

+0.03

30 Yr. Jumbo

4.04%

0.25

+0.05

30 Yr. FHA

3.80%

0.06

+0.04

5/1 ARM

2.99%

0.45

-0.01

Freddie Mac **

30 Yr. Fixed

3.87%

0.60

+0.03

15 Yr. Fixed

3.11%

0.50

+0.06

1 Yr. ARM

2.50%

0.30

-0.01

5/1 Yr. ARM

2.90%

0.50

+0.02

Current Mortgage Rates »

* FHFA averages are updated monthly.
** Mortgage Bankers Association (each Wednesday) and Freddie Mac (each Thursday) averages are updated weekly.

Secondary Markets

MBS

Price

Change

30YR FNMA 3.0

99-19

-0-26

30YR FNMA 3.5

103-04

-0-20

30YR GNMA 3.0

100-26

-0-21

30YR GNMA 3.5

103-18

-0-18

15YR FNMA 3.0

103-20

-0-13

15YR FNMA 2.5

101-06

-0-16

Treasuries

Yield

Change

2 YR

0.6725%

+0.0159

5 YR

1.6869%

+0.0790

10 YR

2.3642%

+0.1000

30 YR

3.1013%

+0.0862

Prices as of: 6/3/2015 4:30PM EST

Current MBS / Treasury Prices »

MBS and Treasury data provided by Thomson Reuters.

Mortgage News Daily and MBS Live! are exclusive re-distributors of Real Time Thomson Reuters Mortgage Information.

Secondary Marketing Managers:
If you are interested in gaining access to the most accurate real-time back-month TBA indications from Thomson Reuters and Tradeweb. Request More Information

This information is not an advertisement to extend consumer credit as defined by Section 226.2 of Regulation Z. This is not an offer to enter into an agreement regarding interest rates. The rates quoted do not include discount points, origination points, or loan level risk based price adjustments. Rates and terms are subject to change without notice.

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